Adani Fpo

Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO).

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be "morally correct" in the current market condition.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Adani group's share sale exceeded its subscription targets today, days after a US short-seller alleged "brazen" corporate fraud that wiped more than $65 billion off its value.

Adani Enterprises Ltd's follow-on share sale has been fully subscribed on the last day of the Rs 20,000 crore issue, according to markets data.

The portion of Adani Enterprises Ltd's follow-on share sale for qualified institutional buyers and non-institutional investors has been "fully subscribed", people with direct knowledge of the matter have said.

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani Enterprises will use 108.69 billion rupees from India's biggest FPO to fund green hydrogen projects, airports facilities and greenfield expressways, the Indian billionaire Gautam Adani-helmed firm said in its latest prospectus.

Adani Enterprises will raise Rs 200 billion ($2.45 billion) through a further public offering (FPO) of new shares.

Ruchi Soya FPO: Ruchi Soya Industries on Wednesday said it has raised Rs 1,290 crore from anchor investors ahead of its follow-on public offering (FPO).

Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO).

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be "morally correct" in the current market condition.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Adani group's share sale exceeded its subscription targets today, days after a US short-seller alleged "brazen" corporate fraud that wiped more than $65 billion off its value.

Adani Enterprises Ltd's follow-on share sale has been fully subscribed on the last day of the Rs 20,000 crore issue, according to markets data.

The portion of Adani Enterprises Ltd's follow-on share sale for qualified institutional buyers and non-institutional investors has been "fully subscribed", people with direct knowledge of the matter have said.

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani Enterprises will use 108.69 billion rupees from India's biggest FPO to fund green hydrogen projects, airports facilities and greenfield expressways, the Indian billionaire Gautam Adani-helmed firm said in its latest prospectus.

Adani Enterprises will raise Rs 200 billion ($2.45 billion) through a further public offering (FPO) of new shares.

Ruchi Soya FPO: Ruchi Soya Industries on Wednesday said it has raised Rs 1,290 crore from anchor investors ahead of its follow-on public offering (FPO).